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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

A) It is intended to correct only the subledger journals that have been posted
B) It provides an audit trail by preserving the original subledger journal entry
C) It adjusts the original source transaction
D) It allows users to record a reason for the adjustment

2. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A) Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
B) Four subledgers; one for each source system
C) One subledger for all four source systems
D) Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan

3. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Journal sources
B) Source systems
C) Event types
D) Event classes

4. Which two options can you use to reconcile subledger journal entries with the source system?

A) Tag supporting references with Journal Line Rules
B) Submit the Subledger Accounting Diagnostics report
C) Create and submit the Oracle Transactional BI Report to review supporting reference balances.
D) Submit the Period Close Exception Report

5. Your client decides to:
* Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
* Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?

A) Convention and Currency
B) Chart of Accounts and Calendar
C) Chart of Account and Currency
D) Chart of Account and Convention
E) Calendar and Currency

Solutions: